CHELVERTON SMALL COMPANIES DIVIDEND TRUST PLC

    The Company has been advised that Lord Lamont, a Director of the Company,
    purchased 91 Ordinary shares on 5 January 2017 at a price of 215.2p each. The
    shares were purchased via a dividend reinvestment arrangement.

    Lord Lamont's notifiable interest in the Company's shares now totals 69,487
    Ordinary shares, representing 0.42% of the issued share capital.


    Maitland Administration Services Limited
    Corporate Secretary
    Tel. 01245 398984